areas. consumer discretionary stocks and consumer and healthcare. tell us why. >> to continue with the story . we argeneral wehave a three andt discount. in terms of consumer discretionary and industrial we are in the favorable seasonal period i saul the call them the stocks do better. we are looking at relatively good earnings growth and from a technical persia perspective wee the mop momentum still faveyorse favourses the cycle. let's look at mcdonald and nor nonorfolk southern and johnson d johnson. why do you like these stocks is in a unified theme here. >> there is it.each one of thess an above average track record of raising their earnings and give difficuldividends in the past te years. high quality stocks that are offering a dividend should not be avoided and they have recommendations by analysts. mcdonalds here is a company with a increase in sales expect the for their value meals that could expand their market share. in terms of norfolk southern. they have added an investment in their knel knelt knel network ae increased their capacity. and healthcare in a category that ask t

well. you have selected three areas. consumer discretionary stocks and consumer and healthcare. tell us why. >> to continue with the story ofthe march coat in market in gent. we aregeneral wehave a three and a half percent discount. in terms of consumer discretionary and industrial we are in the favorable seasonal period i saul them call them the stocks do better. we are looking at relatively good earnings growth and from a technical persian perspective we believe the mope momentum still faveyors fave favourses the cycle. let's look at mcdonald and nor nornorfolk southern and johnson and johnson. why do you like these stocks is in a unified theme here. >> there is it.each one of these companies has an above average track record of raising their earnings and give difficultdividends in the past three years. high quality stocks that are offering a dividend should not be avoided and they have recommendations by analysts. mcdonalds here is a company with a increase in sales expect the for their value meals that could expand their market share. in terms of norfolk southern. they have added

. context and perspective from the fox business network ahead. plus, the healthcare overhaul. the super size drink ban, remember that. and the west nile virus some of the stories making health headlines in 2012. a look back when we come back. >> harris: just into fox news, commenting on his condition. situation. former president bush 88 years old has been in the hospital for about a month and we learned today doctors have put him in the intensive care unit. >> the president was admitted to the -- icu, the intensive care unit at methodist on sunday. he has been dealing with a series of set backs that includes a persistent fever and and doctors are doing everything they can to wrap their arms around it their current course of treatment is going to be effective. but the president is -- he is -- they don't put you in the icu because things are going well. we are obviously hoping that the medicines and the treatments can help him turn things around. >> wow, they don't put you in the icu because things are going well. of course, they hope that they do. the spokesperson also saying that former pres

care will start going into effect. they impact everything from healthcare costs to the cost of medical devices. the congressional budget office says americans will end up paying $1 million. the deadly attack in benghazi was tearrism. cia and other government agencies that made changes to the talking points on the attack not the white house. following the attack u.n. ambassador susan rice says they used the talking points may have been a spontaneous protest that got out of hand. >>> netflix users can now share every movie they have err watched with facebook plans. congress passed a bill allowing netflix and other video streaming sites to share viewing history. users will have the opportunity to opt in or out of the social sharing feature. >>> colorado had the first recreational pot club. months after it became legal private members only clubs popped up all over the state. it prohibits public smoke sgug include private clubs. they have an admission fee of $30 and they have to bring their own pot. >>> countries all around the world brin new year vatican city holding a special mass

and reforms to entitlements like healthcare. >> we're going to end up with a small, kick-the-can, down-the- road bill to make another fiscal cliff to deal with this fiscal cliff. >> reporter: with expectation low, lawmakers are talk about how to retroactively fix any damage done by going over the cliff with congress. nicole collins, fox news. >>> developing tonight, a strike that could have shut down ports up and down the east coast is averted for now. the long shoreman's union along the east coast and gulf of mexico will extend the current contract for 30 days. that extension prevents a possible strike that could have crippled operations at port and including the port of baltimore. in a statement today, the maryland governor martin o'malley wrote, quote, the port of baltimore continues to be a major part of the state economic strait generating and supporting thousands of jobs. during the extended period, we hope long-term resolutions can be reached for the hardworking families who depend on jobs and commerce linked to the port of baltimore. >>> to the state of the skins. it's th

in the field of healthcare or nursing from capella university, you'll have the knowledge to advance your career while making a difference in the lives of patients. let's get started at capella.edu. >>> here's a look at the weather in some cities around the country. in new york mostly cloudy with snow flurries. 38 degrees. partly sunny in miami, 79. partly sunny in chicago, 22 degrees. mostly cloudy in dallas, 48. partly sunny in l.a., 64 degrees. >>> let's check your national forecast. much of the south will be rainy with temperatures in the 30s and 40s from the texas panhandle to the carolinas. but in the 70s along the gulf coast. in florida, the northeast will be mainly dry with light snow expected from west virginia to western new york. most of the midwest will be dry and cold as will most of the west. >>> in sports this morning clemson made a dramatic comeback in the chick-fil-a bowl. the tigers trailed lsu 24-13 going into the fourth. boyd hits deandre hopkins for the touchdown. clemson missed the two-point conversion. chandler cantanzaro did not. he made a game winning 37 yard

with healthcare and stimulus where the democrats say there is a crisis. the date is looming and you must vote. you don't have an opportunity for the cbo to score a bill. you don't have the opportunity to read a bill, digest and debate a bill. there is a lot of procedure here that has yet to be done. we shouldn't vote on something that's a bad deal. this is a bad deal for the american people. the fact that the president is coming out not to announce a deal but to negotiate through the media is ridiculous. he should get in his car and go to capitol hill and meet with the members to craft a deal if he can. i think the president coming out to upon i if i kate and lecture and scold is not helpful to the process. rich these people are being brought out to stand behind the president when he makes his remarks. we have been given the 2-minute warning. we have seen the president do this before, bring in ordinary americans that would be impacted adversely were a deal not to be reached. we are expecting the president. his leadership on this issue, how would you grade it, dick? >> i grade it a-p

protection affordable healthcare act kicks in 2013. a lot of business customers are coming to tus and they need solutions. i think you are going to see businesses start to manage their employee head count going from full-time employees to part-time employees. actually some businesses thinking of taking head count and creating two companies to get under 50 employee limit. >> clayton: splitting up the companies so not to hit those. more credit is going to be available? >> pretty tight. credit is still tight. regulatory environment is still difficult. banks have got poor loan quality on overall basis of the businesses are looking at. business development corpse. there is microlending opportunities and crowd funding opportunities which is new basically angel investors with the fec has reduced some of their limitations for businesses to get funding. >> juliet: this seems like no brainer ecommerce is the way it is. cyber monday shows that. >> it's growing but still frankly at low levels. probably online sales are only about 7% of total sales. they estimate mobile commerce could be about a t

court. the justices ruled on the affordable care act. the 5-4 opinion a big win for the healthcare insurance plan. the court decided the individual mandate which requires nearly every american to have health insurance or pay a penalty falls under the government's taxation powers. massacre at the movies. james holmes opened fire at a midnight screening of the batman film "the dark knight rises." 12 people killed and 58 others hurt. >>> athletes from all around the gold gathered for the 2012 summer olympic games in london. >>> in august, a somber milestone for u.s. forces as the mel terr military deaths in afghanistan reached 2,000. >> a gunman opened fire in a sikh temple, killing six people and wounding four others before he kelly wrighte killed himsel. >>> hurricane isaac cancelled the first day of the republican national convention in tampa where the republican party nominations were accepted. >> i will work with all of my energy and soul to restore that america and lift our eyes to a better future. >> a week later democrats hosted their convention in charlotte, north carolina an

for writing off your healthcare expenses goes off, you have medical device maker tax, you name it, when i look at this, i only think that this is the beginning of years of tax increases on, not just wealthy americans, but everybody, potentially. >> dagen, you hit on two key point there. the folks are underestimating the impact of all of these tax increases, which equates to about one percentage point of gdp. that would be a lot for the economy to take if we had a strong economy. we do not have a strong economy. the other point is, right on the money, this is not the end of the process. the agreement, it is just the start of the beginning. it is the very beginnnng of the process. it will get tougher from here on out. how can they come to any3 meaningful agreement leading up to the debt ceiling. dagen: well said. happy new year. enjoy yourself. >> have a happy new year. dagen: thank you. we will see you in 2013. flying the friendly skies. not so much. the airlines with the rudest workers. you can probably guess number one. we have the list. and he is never rude, jeff flock is lookin

have to have a bipartisan agreement. look at our healthcare law. most of the tax increases on the affordable care go into affect this year. it was passed on a single party vote and still not accepted by the american people. changes we make in social security and medicare. there are going to have to be changes. let me give you an example. just one number. last year 2011 we spent $288 billion in medicare than we brought in in premiums. you cannot do that. this country cannot spent spend a trillion dollars more than it brings in in rev view. if you were a family of 4 living on $60,000 a year but spent $100,000 a year, how long can you do that? that's what we're doing. >> we appreciate you coming in from tennessee but here in dc talking with us shedding light on the fiscal cliff issues. let's hope a deal can be reached. >> happy new year. >> you too. thank you. wisdom over to you. >> all right. thank you very much. still ahead, virginia representative joins us live. plus, here's one for you the karsashian plan keeps expanding. how kim and kanye announced their new edition. it's 7:39 a

health care companies, those are not just the guys hit by the medical device tax. other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might lose their jobs won't lose immediately but all of us have less many come january 1st to spend and as we spend less money there are a bunch of companies not on that list, retailers, the money won't be out there. adam: talk to goldman sachs or barkleys too, looking at all sectors and trying to rank sectors that will get it the most and the worst, basically treasury secretary tim geithner put out the word, tax filing season will be delayed, tax refunds will be delayed, consumers won't have that money in their pockets

% then you add on the obama healthcare, it is actually 3.8. >> the point is, it is not factored in with ordinary income or anywhere close to that. but nobody thinks that will happen. everyone thinks that will end up at 20 or 23.6%. >> nobody also was expecting that we wouldn't have a deal by year-end, right? >> i think that's right. >> i think it is strange -- >> what strange is that plan c everyone is discussing seems to be the old plan a which is essentially president obama's offer to increase taxes on top 2%, whether 400,000 or 500,000 and of some small spending changes. that seems to be all anybody is talking about right now. that may be all that we can get through. plan c seems to be the original plan a at this point. >> we are making our way through the alpha bet. thank you, guys. merry christmas, all. >> merry christmas. >> see you later. >> let's get to the nasdaq marketsite. seema mody. >> weighing here on the nasdaq on large cap tech shares, take a look at dell shares moving lower. research in motion continuing its plunge after losing roughly 20% on friday with concerns a

the 47% of americans who don't pay taxes. >> who believe they're entitled to healthcare, to food, to housing, you to you name it. >> voter turnout seemed heavy. conceding his loss, mitt romney called for compromise. >> at a time like this we can't risk partisan bickering. >> a burst of emotion at the obama victory party in chicago the moment the race was called. >> we remain more than a collection of red states and blue states. we are and forever will be the united states of america! >> and coming up next on 11 news, we are mixing up new year's cocktails perfect for holiday celebrations. here's a look at last night's winning lottery numbers. i've got two tickets to paradise! pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. >

reduction in the healthcare law to providers. 50 million people rely on this program. it benefits individuals over the age of 65. a lot of people depend on it. host: what is the current budget for medicare? guest: about $550 billion for this year. host: does that include the premiums that seniors pay? guest: what they pay it will go to the payments that will go to the doctors that care for the beneficiary. host: how much is coming out of general revenue? guest: the beneficiaries pay 25% of the program in part b. in part d, you have about 32 beneficiaries that are on the program. host: medicare is divided into four parts. part a is hospital insurance. host: how did the affordable care act change medicare? guest: it will take $716 billion away from medicare providers. the payments will still grow. providers of care will see their reimbursements decrease. beneficiaries receive some new services. they will get some help if they are enrolled in the drug program. they will be helped to close the donut hole. host: how is medicare being looked at? guest: medicare providers will be cut by

challenges, do you want to back away or take charge? with a degree in the field of healthcare or nursing from capella university, you'll have the knowledge to advance your career while making a difference in the lives of patients. let's get started at capella.edu. mommy! i went potty! that's great, honey.... where? for life's bleachable moments. >>> in "today's" holiday kitchen, a taste of the lighter side. donatele, chef and owner of donate donatelerestaurant. >> we start with. >> lots of great fruits. >> drink while we cook. >> you're making a frittata for us this morning. >> yes. starting with four eggs and another four eggs separated. yolk and whites. these are whipped. i'll add them in later. >> why is it important to separate? >> i want to whip the egg whites and make the frittata lighter. so then you just add in the gruyere cheese, parmesan and mint. if you don't have that around, you can use different cheeses and different greens. mix it all together. and then you need to fold in the egg whites. >> people are always asking about folding in. >> come on, you can fold. >> yo